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LINK outperformed most cryptocurrencies in September, but the recent correction raises questions on the sustainability of the bullish momentum.
The new exchange was founded by an executive from Malaysian market leader Luno. It will target investors, businesses, and high-net-worth individuals.
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The plugin is free to use and features up-to-date crypto data sourced from CoinMarketCap.
Bitcoin and select major altcoins are under pressure as the September Producer Price Index report shows wholesale inflation surged to 0.5%, exceeding the markets’ expectation.
BTC price downside follows renewed inflation fears amid a prediction that Bitcoin might only reverse upward in December.
Hong Kong has allowed retail crypto trading since June.
Testimony from the former Alameda Research CEO continued on the sixth day of Sam Bankman-Fried’s criminal trial, delving into potential investments prior to FTX’s bankruptcy.
The former CEO testified that she had provided SBF seven options for spreadsheets with misleading information on Alameda’s financials to present to Genesis lenders.
The volatility of Bitcoin and other cryptos is really more a function of who is buying and selling these assets.
